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are also being talked about as candidates. >>> jesse jackson, junior and his wife are expected to plead guilty to misusing campaigns. prosecutors say used $50 to, in campaign money for -- $750,000 in campaign money for personal use. jackson's wife is charged with filing false tax returns. jackson resigned shortly after being re-elected. >>> there's new information about christopher dorner suspected of killing four people. investigators now believe stoner stalked at least five top l.a.p.d. officials before -- dorner stalked at least five top l.a.p.d. officers before the killings. all had direction to fire dorner. now, charlie beck has ordered a complete investigation about how dorner was fired. dorner complained. he was -- dorner claimed he was a target of racism as he worked for the l.a.p.d. >> i do not believe that's justified, but -- and this is a big caveat -- it needs to be address. we are only as good as the public thinks we are. >> the former police officer turned fugitive died during a mountain cabin shootout a week ago. >>> police in the north bay are investigating a string of b
exclusive coming right up with mike jackson of autonation, speaking of cars, big interview there. thank you very much, nicole. one of our guests told you so. apple now faces a lawsuit over its cash stash, which is pushing 140 billion dollars today. hedge fund superstar and apple shareholder of green light capital sued the tech giant saying investors need a bigger payout. so does this sound familiar? it should if you were watching us on friday, you could see this coming. larry haverty warned we might see a lawsuit if apple didn't start putting its cash to use. that's exactly what he said. >> it's the shareholders cash, liz. it is not the management's. i don't know what the board is thinking, liz. liz: they march to the beat of a different drum. >> maybe they will be pressured by someone in court. liz: haverty suggested apple start spending on new product, share buyback, special dividends. now you have the guy who kind of arguably brought down lehman brothers with a big short on that one, he's piling in, complimenting the company, complimenting tim cook and his leadership but saying take some
, to the world of privilege. >> everyone in michael jackson's life was out to use him. (vo) no one brings you more documentaries that are real, gripping, current. >> john: welcome back to "viewpoint." it's time now for the thing of the day. tonight's thing, the overused term that nobody really understands of the day. and that term, sequestration. no, it's he not an olympic event with ann romney's horse. sequestration is the half of the fiscal cliff that was never solved but was instead given a new deadline of march 1st. earlier today president obama asked that deadline be pushed back a few weeks. if sequestration were to go into effect, it would mean massive automatic spending reductions, politicians in congress are looking for a catchier term than sequestration but they keep putting it off. but haven't delays always been the hallmark of our government? a $5 billion lawsuit related to the housing bubble. the obama administration and a growing number of states are suing standard & poor's for the way it rated mortgage bonds from 2004 to 2007. you might recall those bonds were rated just a tad h
it in the "chalk talk" next. and the escalating violence has jesse jackson calling for law. he's not talking about the fbi either [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to he people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you'vead a serus allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening. if you have a history of heart or blood vessel problems, tell your doctor if you have new or worse symptoms. get medical help r
will outline it in the "chalk talk" next. and the escalating violence has jesse jackson calling for law. i'm serious, we compare our direct rates side by side to find you a great deal, even if it's not with us. [ ding ] oh, that's helpful! well, our company does that, too. actually, we invented that. it's like a sauna in here. helping you save, even if it's not with us -- now, that's progressive! call or click today. no mas pantalones! making the big romantic gesture. that's powerful. verizon. get a droid razr m by motorola in pink for $49.99. i have a great fit with my dentures. i love kiwis. i've always had that issue with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. super poligrip free made the kiwi an enjoyable experience. [ charlie ] try zinc free super poligrip. the. ♪ >> we have not won anything until the kid can
times. he will join us with randy jackson -- next. >>> also, the report on jobs came out. ktvu's pam cook will tell us about the big impact with wall street this morning. ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its most delicious. >>> well, the dow crossed over the 14,000 mark this morning for the first time since october 2007. taking a live look at the big board right now, it's still really close, up 135 to 13,996. it's been fluctuating back and forth. should mention the nasdaq is up 31 and the s&p is up 13. now why are stocks doing so well? there was some good economic news out this morning. ktvu's pam cook is in our newsroom with the jobs report and als
and michael jackson's we are the world ♪ the animation of destruction comes from the video game call of duty modern warfare which like michael jackson was also american made. north korean officials recently vowed to carry out more nuclear test in the wake of united nations security council punishment. the trial of a man accused of killing unarmed teenager will go ahead in june. that scheduled so rules a judge in central florida who today denied a motion by george zimmerman's attorneys to postpone the trial into november. zimmerman's lead attorney claims prosecutors have been slow in turning over evidence. of course, george zimmerman is charged with shooting to death 17-year-old trayvon martin after some sort of altercation last year. he has pleaded not guilty, claiming he fired only in self-defense. phil keating in central florida tonight. even before june, we're going to see something in a bit of a mini trial, right, phil? that the immunity. expect that in april where only the judge will see and hear evidence and testimony and decide whether the self-defense law in florida clears him of eve
. ♪ cisco. tomorrow starts here. >>> "we are the world" was a song written by michael jackson and lionel richie and produced by quincy jones. the star-studded video were released in 1995 and went on to raise millions for famine in africa. i can remember practicing this with my friends at the ymca summer camp. now it's back. but not in the way you might expect. because today the propaganda arm of the north korean government released a new "we are the world." it's a 3 1/2-minute music video. you can watch it here. it features an all-piano version of the song accompanied by image, of a space-age korea with a spaceship circling the earth. where a newly unified north and south celebrate -- here's the clincher -- as new york city burns. it's a bizarre video, to say the least. we know -- we think we know why they did it. because they feel a little left out. in the past few months, north korea has seen countries and companies around the world take bold steps into the cosmos. in the same amount of time, north korea just got one rocket up. they tried for two. so maybe that's a little embarrassing.
for a long, long time. janet jackson's big reveal is next. [ male announcer ] how do you make america's favorite recipes? just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now where's the snooze button? ♪ [ male announcer ] it was designed to escape the ordinary. it feels like it can escape gravity. ♪ the 2013 c-class coupe. ♪ starting at $37,800. ♪ >>> welcome back, everyone. 57 minutes after
are fathers. this is the second drive-by shooting. there was shooting on jackson avenue and dorburn. nobody was injured in that drive-by shooting but police are not sure if those drive-by shootings are affected. coming up next, you will hear more accounts from the victims' families. reporting live from san jose, janine de la vega, ktvu channel 2 news. >> thank you, janine. >>> 7:36. a santa clara man accused of having explosives and threatening a public official is due to appear in court for the first time this afternoon. chp investigators say they found weapons and bomb making materials at everett basham's home. he's also accused of sending an e-mail threatening to asas senate state senator leland yee. yee said the message is unlike any he has ever received. >> as a psychologist, i know very well that the more detail you provide, the more serious the threat and the more you need to pay attention to that particular threat. >> the "examiner" reports that basham's linked-in report shows he's an engineer. >>> b.a.r.t. will test allowing bikes on trains at any time. right now, bikes are banned
that is. >> janet jackson confirms she is married to a billionaire businessman. entertainment weekly said the couple exchanged vows last year and a quiet, private ceremony. the statement was in response to rumors their wedding gift to each other was donations to favorite charities. this is jackson's third marriage. >> love is in the air. christina applegate walk down the aisle with her two year-old daughter's father. >> saturday night live star is engaged to his girlfriend. they have been dating for five years. >> linsay lohan is appearing as herself in an upcoming episode of charlie scenes setsitcom anchor management. the two will develop a romantic relationship for hollywood minute i am carl aazhzeus. >> still ahead, the coast guard is still searching for family after they abandoned their sailboat sunday afternoon. the latest details and coastguard search, when the kron 4 morning news continue. it will be warmer and warmer as we head toward the weekend. if you missed the forecast will have another update coming up on the other side of this break >> we are back. is 4:30. >> top stories w
honoring motown records barry gordy. we caught up with the reverend jesse jackson and how to best bridge the economic gap between the races. he thinks that education is the most effective solution. >> better to educate people and leave them ignorant and unemployed. it must start with prenatal care, head start and day care on the front side. not just welfare on the backside. ashley: that was the reverend jesse jackson speaking out on education. tracy: we have breaking news now for you. "wall street journal" reporting that time warner cable ceo glenn britt will step down at year's end the source says the stock is down, the stock is down two third of a percent again. time warner cable ceo glenn britt stepping down according to "the wall street journal.". hmmm. >>> all right. we have automakers turning some heads with their january sales. ashley: yeah. tracy: even auto expert rebecca lindland says she is amazed by some of them. she is our guest next. ashley: everyone wants a new car. let's look at the winners and losers with the dow the big winner. here are other companies that are moving hi
jackson is in on it. north korea, kim the younger, looking at things, it's all ahead. unless breaking news changes everything. on "studio b." >> first from fox at 3:00 in new york city, the five-year-old boy is said to be physically okay. after he endured nearly a week underground with a gunman who took him hostage. that's the word from the boy's from who says the family is not sure yet how he is doing mentally. and now we're learning more about the rescue operation yesterday. sources telling fox news the officials had to set a camera to monitor the suspect, jimmy dykes, inside the bunker. they got it down in there we don't know how. law enforcement had deployed at least one surveillance drone to inspect his property. ats built a mock bunker which they used to practice rescue scenarios, and another report states the defense secretary, leon panetta, gave the okay for teams to operate certain rescue equipment. investigators tell fox news they're still working to determine exactly how he gunman died. so they probably know, they're not letting us know. one week ago he reportedly snatched the c
spending occurred. it is scheduled to hit on march 1. former illinois congressman jesse jackson junior pled guilty to misusing $750,000 of campaign funds. facing roughly four years in prison at the june sentencing. jackson's wife, sandra, great gy took the deal earlier with federal prosecutors and is due in court later this afternoon. those are your headlines. now back to ashley. ashley: thank you very much, we appreciate that. good news is still bad news. americans approval rating of congress rising last month by a whopping 1%, that is still 50% of americans actually approve of congress and 81% disapprove of the way it is handling the job according to the latest gallup poll. no word on whether or not congress is thrilled about the latest poll because they are on vacation this week. tracy: don't you want to know who the 1% is best changed their mind? it is somebody's grandma. ashley: may be. still not good. tracy: last night's delta airlines attempted to hike prices on domestic airfare for the second time this week. this is the fourth attempt to hike prices in 2013 alone. the past three att
cramer or @jimcramer on twitter, including today, desean jackson, who took his picture with me and you'll notice my avatar and my dad and he's wearing number 10. so we absolutely have two number tens checking in. we have to do some work. let's do some mad tweets. here's a tweet from @nhermes7 who writes i'm curious what's your opinion on hewlett-packard? should i cut my loss or wait for new movement? i think hewlett-packard is probably one of the most intriguing stocks out there, because it fell down 40%, actually 44% last year. it's the worst performing stock in the dow. yet, the balance sheet is not that bad. they could clean up some debt, "the wall street journal" suggested that today. and the possibility that meg whitman can engender a turnaround means i would not sell the stock here. however, just so you know, she's going to get about a two-quarter honeymoon and if she doesn't turn it around, people will dump it again. let's own it for a couple quarters and see what happens. i didn't think the flexibility was available until i saw the dell leverage buyout. here's one from andy rus
. and if you remember going back to jackson hull, the talk this august on expectations of the market when it comes to fed policy. the concept that if you anchor in today what will move policy tomorrow and remember what the fed did in september. they said we're going to move when there's substantial improvement in the labor market. and now the discussion, bill, and this is what's profound about the discussion. it has nothing to do with economic variables. it has to do with political variables, balance sheet variables. it's no longer about the variable that we thought we understood which was the labor market. >> john, if i could go back to your comments about main street versus wall street. in today's world it seems are very much linked. mainstream will look at the news. of course they've all watched "closing bell." they'll look at the news and see the 200 point selloff in the dow industrial average and wonder what's going wrong in the economy. i don't know you can separate the two as much as you used to be able to. and specifically as it pertains to fed monetary policy. >> every policy cre
, thank you. >> okay. >> shannon: outgoing epa bosley is a jackson suggesting her biggest regret from a rocky term is a failure to communicate that the epa isn't coming to get you. the message, is that the problem or is that the policy? the debate is next. >>> plus, new questions about whether what are being called anti-american values are being taught to young students right here in the u.s. we're going to look at the curriculum that one teacher says is equivalent to aiding and abetting a crime. >>> and breaking news on women's skiing icon lindsey vonn. the terrifying injury that has gotten her airlifted to the hospital. >> shannon: developing overseas, a significant in moment in the blood bath that has been syria's civil war. u.s. patriot missiles go into operation today along turkey's border with syria. the move is described as defensive in nature after syrian shelling has already killed several civilians in turkey. fox news is the only american tv network on the ground there. our own greg pal cot is streaming live. hello, greg. >> reporter: shannon, as of today, the u.s. military
in the day i didn't have michael jackson jacket, gloves, shoes -- >> you have it in your office. >> don't tell everybody that. don't tell nobody that. that's a secret between me and you, girl. hee-hee. >> we're going to bring it back down. this is kind of sad. robert de niro was on the katie show, and they were talking about -- he was there with bradley cooper and the producer of is the -- of "silver linings playbook" and they were talking about the responsibility of working on a movie, and robert de niro had a very interesting reaction. take a look. >> i don't like to get emotional. but i know exactly what he goes through. >> he was talking about the filmmaker of the movie who admitted he has a son who has dealt with and struggled with bipolar. there he is. so robert de niro didn't delve into it, but he says he knows what he's going through. ing we can -- we can only imagine that someone in his family is struggling with the same thing. he is the on screen father of bradley cooper who deals with bipolar in the movie. >> and you don't see that. >> the bravado totally gone away. >> we all
. >>> time now for today's aflac trivia question. in which year did janet jackson's famous wardrobe malfunction occur at the super bowl. the answer when cnbc's "squawk box" continues. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ aw this is tragic man, investors just like you could lose tens of thousands of dollars on their 401(k) to hidden fees. thankfully e-trade has low cost investments and no hidden fees. but, you know, if you're still bent on blowing this fat stack of cash, there's a couple of ways you could do it. ♪ ♪
the suspect who was referred to by authorities as jackson or of his several aliases remains the primary suspect in kevin collins disappearance. >> kron 4 news jeff bush spoke with kevin on the local for their reaction to the new developments in the case. >> he was arrested and ultimately convicted in san francisco in 1982 for kidnapping and molesting and performing lewd conduct of a young boy. he got six months in prison. three years probation, i as soon as he was out of prison kevin disappeared. >> his all says there's a cruel irony in the latest development of this case. >> the kevin collins foundation had an office next door to where this guy was on the corner of masonic and page street. we were at 11 02. he was at 11 08. it is sick to think this character was next door. i do not think that kevin was a live at the time. somehow, i feel they should have been able to do something to catch him. >> michael holtz the truth will come out and more clues will turn up. he feels like justice will never be served. >> you can't do anything to the guy because he is dead. >> the family can put it
on jackson near santa clara in hayward. a 25-minute time from 238 to mowry avenue. 7:07. let's go to steve. >>> all right. on cue, a lot of that fog has been forming. there was not much a little while ago. but a sign of high pressure is building in aloft. but there's some areas where the visibility has been reduced. especially out to the north bay and the car keen news carquinez strait -- carquinez straight. so right in line, 59 to 64 is the spread on most of the highs here. 45, 56. we'll about 60. mostly cloudy in the morning and then mostly sunny by this afternoon. we could sure use some rain. it's official. everybody is under 100% of the season. in the immediate bay area, santa rosa is now 99% of normal. san francisco 90 and san jose, 86. we were doing so well until january came and february is not looking much better. there's really not any screaming message that says rain, rain, rain. not a lot. warmer this week as high pressure builds in. our system continues to march across the country. it's snowing cincinnati. down towards memphis and then rain in the deep south and then heading in
their game tonight against the boston celtics. >> mark jackson and the warriors have not won a game since the super bowl five straight losses. unfortunately for the warriors last night was no different. the utah jazz defeated golden state 115 to 101 tuesday night to extend the warriors losing streak to six games. on the ice last night antti niemi made 25 saves and tam cam at kennedy scored in the third period to help the stars and a seven game winless streak with a 21 win over the st. louis blues. this charge even games it was their longest streak since a 10 game run in 2005. joe thornton also scored for san jose which began the season with a franchise record seven successive wins. >> i would is an arizona this week for the match play championship. but before the tournament kicks off today the big question for tiger was how he managed to squeeze in around with the president. >> (laughter) it's is a process that is involved. i was invited to play and it was an invitation that you certainly do not turn down. he was my partner. we one leg as said. >> this can his teeth be any wider? tigers o
jackson. all the lives that buss has touched, shaq won 3 titles for mr. buss. let's hear from shaquile o'neal and madgic johnson. >> he gave me everything inwanted. i wanted an education tension, he gave it to me. i wanted a second extypings, he gave it to me. i wanted a third extension, he traded me. [ laughter ] >> this is a celebration of life. this is a celebration of success. we shouldn't be sad. we should be happy that this man enjoyed his life and did it his way. >> real whole thing today. >>> danica, danica, and more danica. she holds the pole position for daytona 500. here we go. harvick taking the checkered flag. he played it safe, finishing 17th in this event. danica, her car in one piece, just playing it cool, waiting for sunday. >> just trying to stay out of trouble for that last few laps. not a lot of fun to drop back light that, but it's the right thing to do. it's more important to start on the pole for the a daytona 500 than to get the last few lap of chaos. >>> the snow went away, allowing tiger woods to play some golf this afternoon. just outside tempe, arizona. the gr
-acre parcel of land in the japantown area. the now-empty lot near jackson and 6th street was used in the past to store and maintain city- owned vehicles. city leaders are considering a big change. they will consider building new homes and stores in the area, possibly even a new city park million. >>> marijuana supporters will try again to gali pot in california. the california cannabis initially are reportedly about to launch a signature-gathering campaign. they need 750,000 signatures by may to get their measure on the 2014 ballot. 2014 is a mid-term election year. some say the measure might have more of a chance in the 2016 election year. >>> 8:38. facebook is being credited for the safe return of a stolen ring in napa almost 16 years ago. back in 1997, kim rossi's home was broken into and her napa high school class ring was stolen. reslept i a man who bought -- recent had i a man who bought a car deseed -- dear sided to restore it. he found the ring. he contacted the owner on facebook and returned the ring. >>> a bay area teacher stands to gain millions of dollars from the auction of gold
at halliburton down right now. from going green to making green. the international airport at jackson rated the best airport for business travelers. the survey of 1000 travel agents looked at everything from wireless internet access to food choices. the top spot with 125 eateries, many retail stores have a business that runs small rooms for a quick nap. it is the busiest in the world with 250,000 travelers coming in every single day. dennis: it would be better among travelers and travel agents, but okay. union membership down across u.s., it may be growing in all places in china. surprising details ahead. cheryl: china-based hackers are increasingly going after major american companies. with the obama administration is proposing to deal with this increase. dennis: record amount of viewers are turning in for the blackout bowl. coming up. cheryl: and take a look at oil, we are down substantially today. part of this is an inventory forecast. we will be right back. cheryl: 15 past the hour, stocks or 15 minutes. we have jeff flock standing by at the cme watching gas prices rising and a lot more
winning the democratic primary to run for jesse jackson, jr.'s vacant congressional seat. kelly's campaign was helped by more than $2 million in pro-gun control ads paid by new york city mayor michael bloomberg political action fund. ashley: heather, thanks very much. we appreciate that. italy's borrowing costs are at a four-month high after the first post-election bond sale but it is calming investor fears of a political stalemate, a vacuum if you like in rome could reignite the eurozone debt crisis. what is next for italy? a little unclear. joining us now, vice president and portfolio manager at oppenheimer funds. thanks for joining us. would it be fair to say that the results of the tallian -- italian election is basically anti-austerity and take that further, anti-german? >> very much agree with your statement. italians have clearly voted against the e.u. imposed austerity and they did it in two forms. they voted down dramatically mario monthty who was the symbol of that as you -- austerity and the e.u. driven reform process. secondly they have voted with incredible, incredible strengt
luxury houses. now we will show you a luxury closet. 100 grand, and candice jackson reports for the mansion section of the wall street journal. you have a heckuva job. >> sometimes seems that way. charles: $100,000 for project? >> you get really amazing kitchen or home movie theater, and on the closet? sometimes a lot more, of to $1 million or $2 million. >> you could renovate a whole house for $100,000. >> this is a story our girls can get with. you see that first sex and the city movie where kerri and mr. big go and buy this apartment and he produces this unbelievable closet for her hist. is a dream sequence but so real and a lot of women sacrifice -- fantasized about having the ultimate closet. >> a lot of women at spoke to said the movie inspired them to do their closets, when this trend took off when that movie came out and people started building these carry bradshaw closets that looks more like designer boutiques that a closet. charles: this is keeping up with the joneses. if you run in certain circles, after a while you try to run up each other, this is it, everyone
. former illinois congressman jesse jackson junior pled guilty to misusing $750,000 in campaign funds. checks will be facing roughly four years in prison at his june sentencing. his wife, sandra, great twis gry sentencing earlier with federal prosecutors and is due in court later this afternoon. today is lance armstrong's deadline to decide if he will tell the u.s. anti-doping agency under oath what he knows about performance-enhancing drug use in cycling..3 the agency says his cooperation is the only way his lifetime ban from the sport could bb lifted. after years of denial, the cyclist admitted in january 2 doping when he won seven tour de france titles. tens of thousands of greeks went on strike in 24 hours union led walkout. the nationwide protests against austerity measures including higher taxes and wage cuts. the european union and the imf have spent 200 billion euro increase bailouts. dennis, back to you. dennis: thank you very much. news alert, housing cropping in january from december after surging close to 60% back in december. despite the dip, the level was still a third h
accounts and posted personal photos and e-mails. former congressman, jesse jackson junior, has signed a plea deal. he is accused of misusing campaign funds. those are your headlines. back to melissa and ashley. ashley: thank you so much. melissa: the blizzard warnings are here. 4000 flights have been canceled, including mine. amtrak has already suspended service. with the worst still to come tonight, let's head to accuweather adrian green. >> it will be pretty nasty as we had through tonight. we already have some very nasty conditions right now. the snow is coming down at a very hefty clip. visibility is already down to a half mile in some spots. we will continue to see the snow pick up in intensity. it looks like one-3 inches of snow per hour. i would not be surprised if we had a little bit of thunder snow. travel will certainly be shut down across the northeast. quite a bit of snow will be falling. one-to be expected. i do think there is an area that gets over 2 feet of snow. gusty wind. the wind will gust up to hurricane force for a time or to tonight. back over to you. melissa: th
said david faber said it's 50, could be 50. >> bo jackson used to do that a lot, too, didn't he. he had a reason to. because he was the most unbelievable athlete of all-time. >> this is a global deal. i know we're woe is me europe, do i want to own a european cable company if europe's falling off the cliff? someone smarter than me says yes. >> john malone is smarter than you. >> hey, david. >> i feel so -- >> way to put a man down. as soon as he comes back. >> how about he's a close second. >> that's pretty good. >> i feel so much better. >> impact on markets of a del, lbo, if in fact that's what we get in the near term here. >> there was a moment where it would have been fanciful. it's too big. we heard that from you initially. it's too big. we may be in an ajr moment. >> i don't think so. listen, the reason we thought it was too big was because the equity check is when you would have penciled it out enormous. at the end of the -- when we see the deal, which we expect to shortly, we'll see that the equity check was far smaller. and so i don't think it argues for -- >> i remember when y
computers, stole some cash and an antique tool chest. >>> 8:37. in even in defeat mark jackson shows the team is no pushover. he instructed his players to intentionally foul the houston rockets at the end of last night's game. he did not want the rockets to break the nba's single game record for three-point baskets. jeremy lin made five three- pointers. the rockets did tie the record with 23 trouncing the warriors, 140-109. the warriors have a tough game playing in oklahoma city who have won 14 straight games. >>> jim harbaugh hopes golf will take some of the sting away from the super bowl loss. he's playing at the pebble beach round. practice rounds began about an hour ago. yesterday giants' players beat the 49ersers players in a charity -- 49ers' players in a charity benefit. >>> and nancy pelosi went on the house floor to congratulate both the 49ers and the baltimore ravens. >> while it was hard to lose to the ravens, it would have been hard to lose to someone else, if someone had to beat the 49ers. >> nancy pelosi was conflicted over the super bowl. she rooted toker her home town
in eric jackson, he joins us now on the news line. eric, i'm just wondering if you believe that something will be done with this cash, whether it be announced at this particular conference, or weeks after the shareholder meeting, and whether david einhorn played a pivotal role, in your view, of pushing this into the spotlight? >> yes, there's no question he did. and i do think we're going to get some answers on increased either stock buyback, or, you know, some form of the cash coming back to shareholders. but i don't think it will happen until the end of the month. basically, what's pushed this forward with einhorn is that apple has a shareholder meeting coming up at the end of the month. so shareholders have to vote on this particular measure around pressed stock. so he basically took that opportunity to kind of put this front and center. so i think basically between now and then, there's going to be a lot of back channel discussions, and i would expect some sort of shareholder friendly announcement before the end of the month. >> how are you voting your proks ji? i ask that, because th
hear it, the music underneath those images, a version of michael jackson's "we are the world." >>> the super bowl champion baltimore ravens celebrated today with several thousand of their closest friends, their hometown fans. people dressed in purple lined the streets to cheer the team's victory in sunday's matchup with the san francisco 49ers, and here is a victor's eye view we want to show you. cnn mounted a camera on the humvee carrying head coach harbaugh. this is what it looks like to be on the receiving end of this kind of a celebration. probably a view his brother wishes he had right about now. >> very cool. >> isn't that cool? >> very impressive. >> congrats again. >>> we're also hearing some sharp criticism on the president's policy for using drones to kill americans. would the outcry be louder if we were talking about george w. bush? that will be debated when we come back. oh my goodness... oh my gosh, this looks amazing... [ male announcer ] 15 entrees under $15! it's our new maine stays! seafood, chicken, and more! ooh! the tilapia with roasted vegetables. i'm act
bernanke gave his very famous speech in jackson hole, wyoming? that was in august of 2010. and that's when the market really took off. the federal reserve obviously having a big influence on what was going on. we moved almost 2,000 points right there. that's the key point here. about 20%. that was just in five months. that was the second really remarkable leg of this rally. across 12,000 on february 1st, 2011. here is the european debt crisis. here is the u.s. debt downgrade. remember that? that was august, 2011. that dropped the market down. caused the dow in fact to drop below 11,000. that was in august of 2011. we had a few volatile months where things bounced around and then over all started moving up again. we passed 13,000. that was february 28, 2012. and basically we had a lot of worries. remember last year about europe and minor moves to the down side, and eventually you could see the final move up here to 14,000. okay. here's the next thing. an important thing. let's look at the markets today. i want to just flip forward to what's happening today. there's a lot of questions about
of principal. >>> michael jackson. coming up we've got more market thoughts from guest host nouriel roubini. plus the house majority leader eric cantor. he's going to be joining us. he's going to talk washington and wall street and the future of the republican party. when "squawk box" returns. ♪ ♪ ♪ ♪ ♪ [ male announcer ] concept. calvin klein underwear. 360 seamless technology. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]'ll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> welcome back to "squawk box" this morning. in the headlines, toyota raising its full-year profit forecast. it's seen increased sales and also expects to benefit from favorable exchange rates. the automaker expects to person $9.3 billion for the fiscal year ending in march. up from the prior forecast of $8.5 billion. and barclays has set aside another $1.6 billion to compensate customers who were sold financial products under misleading c
up and go. we replace chu, live, a jackson, these are people when you replace them, watch those appointments. >> it will be worse. >> pray to god you're wrong. if we can get the regulators to turn maybe not 180 but turn 120 so their slogan every day is come in and find a better way to create a good economy and jobs. wait a minute. don't come in with an attitude of let's get the bastards. >> they are going to turn 360. >> are there any names you like out there that you think would be palatable to administration but business as well. >> i don't know people. i just want somebody that comes in and has a goal of regulating sensibly and creating jobs, not being punitive. i like the president's immigration lines in the announcement. i think he was right on the button, if he can hold to that, fix the border, get a path to citizenship and keep people that we educate. i'm telling you, in government trade, he mentioned that. let's do it. it take us four years to get panama and south korea done. it was on the bush table. it took four years to negotiate and we didn't get anything else new. t
woodforde at jackson hole which said that the fed needs to promise the market that it will act differently in a zero bound environment when the economy starts to improve. we're going to keep going with this policy. and that's what is embedded in the interest rate policy, that's what's embedded in the qe policy. but right now, what's happening is the costs seem to be overwhelming, and the market -- the committee is just not comfortable being there. it's a bit like here's the promise. the promise was you put your hand out and i'm going to light a fire underneath it. and the policy is this, that even when your hand gets too hot, i'm not -- you're not going to remove your hand. you're going to keep in place. what we're finding out now is that this is a promise too far. the board is just not comfortable being there and it's going to have to find the language and the rhetoric to either put it back in place, or find something new -- >> if it's not working you've got to admit it. >> right. >> and you're not getting the benefits you thought you were getting. is this all because of stein? we heard b
, it's just -- to me, i'm from houston, texas, well, lake jackson, just south of that and it reminds of, like, hurricane evacuations when we have no power, like, katrina in the dome except it's afloat. >> have there been days where you haven't gotten to eat at all? >> there have not been days where we haven't gotten to eat but, like, the food -- it's basically bread is what you get. and there are sandwiches, like, maybe a thin slice of tomato with some mayonnaise, by the time we get there. but, you know, however, the good thing i have to say the cruise has been phenomenal. they have tried to do the best they possibly can, but the leadership, oh, my gosh, like, they'll tell us one thing, you know, for example, you know, a tugboat was supposed to come once that first evening. well, we sat on the water for two days with nothing and, you know, the seas were really high. in fact, that night my friends and i we slept in our lifeboats in our bed and i truly, truly, truly thought the boat was going to tip over because it slants at, like, a 45-degree angle one day, and then the next day it's to
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